Thursday, 24 May 2012 TA – Stock Pick

Thursday, 24 May 2012 TA – Stock Pick



TA ( 4898 : 0.54 ) : Targeting 0.62/Stop loss 0.51

Description

Resistance : 0.62 0.72

Support : 0.53

RSI of 40
RSI is on a positive divergence

STOCHASTIC
It is oversold

Comment
The recent correction has ended at the price gap of 0.53

Trading Strategy
Buy. Stop loss is at 0.51


Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.